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State GasSTGSF 33 Equity-to-Asset is 0.82 as of Dec. 2025, which is 7% below its 10-year median of 0.88. GuruFocus rates STGSF with a GF Score™ of 33/100. The stock has 5 warning signs investors should review. Among 1,025 Oil & Gas companies, State Gas ranks better than 85.07% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. State Gas's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $27.68 Mil. State Gas's Total Assets for the quarter that ended in Dec. 2025 was $33.81 Mil.
The historical rank and industry rank for State Gas's Equity-to-Asset or its related term are showing as below:
STGSF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.78 Med: 0.88 Max: 0.92
Current: 0.82
During the past 8 years, the highest Equity to Asset Ratio of State Gas was 0.92. The lowest was 0.78. And the median was 0.88.
STGSF's Equity-to-Asset is ranked better than 85.07% of 1025
companies
in the Oil & Gas industry
Industry Median: 0.49
vs STGSF: 0.82
State Gas (OTCPK:STGSF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
State Gas Equity-to-Asset Related Terms
State Gas Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for State Gas's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
STGSF vs COP, EOG, FANG: Equity-to-Asset Comparison
For the Oil & Gas E&P subindustry, State Gas's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
State Gas Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, State Gas's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where State Gas's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
State Gas's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
State Gas (STGSF) has a Equity-to-Asset of 0.82 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on State Gas and its competitors. This is near median its historical median of 0.88. Over the past decade, State Gas' Equity-to-Asset has ranged from 0.78 to 0.92. According to the industry distribution chart, State Gas ranks #153 out of 1025 companies in the Oil & Gas industry, placing it in the top 14.9%.
Is State Gas' Equity-to-Asset too high?
State Gas' current Equity-to-Asset of 0.82 is near median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 0.92. The Oil & Gas industry median Equity-to-Asset is 0.49. State Gas' value of 0.82 is 67.3% above this industry median. Based on the distribution chart, State Gas ranks #153 out of 1025 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, State Gas has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does State Gas' Equity-to-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, State Gas ranks #153 out of 1025 companies for Equity-to-Asset. This places State Gas in the top 15% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.49. State Gas' value of 0.82 is 67.3% above this benchmark. Historically, State Gas' own Equity-to-Asset has ranged from 0.78 to 0.92 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.49, State Gas has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. State Gas's current Equity-to-Asset of 0.82 is 67.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on State Gas and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. State Gas's current Equity-to-Asset is 0.82, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is State Gas stock overvalued right now?
State Gas (STGSF) has a current Equity-to-Asset of 0.82. The current Equity-to-Asset is 0.82, which is near median its 10-year median of 0.88 and 67.3% above the Oil & Gas industry median of 0.49. State Gas' overall GF Score™ is 33/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For State Gas (STGSF), the current Equity-to-Asset is 0.82 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
State Gas Ltd is a natural gas exploration and development company with operations in the southern Bowen Basin in Central Queensland. The company's existing 100% owned exploration projects, when considered in conjunction with joint venture interests over adjoining areas, means State Gas has a prospective and substantial portfolio of natural gas resources. It operates in one segment, being the exploration and development of gas fields in Australia.
33GF Score
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